Cannabis industry looks ahead to 2023 after facing challenges in 2022
January 19, 2023 – As many readers know, 2022 was a mixed bag for the cannabis industry. While new markets showed healthy growth, legal cannabis sales declined in many mature markets, slowing, or even reversing, growth in those markets. While some of this might...
Cannabis Commerce Bill In WA, VA Hemp, Social Equity In Missouri, Texas Licenses & More
Washington State Passes Interstate Cannabis Commerce Bill Washington’s Senate Labor & Commerce Committee approved a bill to set the state up to allow interstate cannabis commerce, reported Marijuana Moment. Now, the legislation moved to the Senate...
‘Texas Original’ dispensary calls for loosened usage laws as medical marijuana applications open
There are only three licensed medical marijuana businesses in Texas. A cannabis lawyer said many have reached out for help with the extensive dispensary application. AUSTIN, Texas — The Texas Department of Public Safety recently opened an application process to...
Fake cannabis billionaire pleads guilty to securities fraud
© of U.S. Justice Department These are valuables Justin Costello was carrying when police arrested him in Southern California on Tuesday. Photo courtesy of U.S. Justice Department Jan. 18 (UPI) — A man who posed as a cannabis billionaire pleaded guilty Wednesday...
Fake cannabis billionaire Justin Costello pleads guilty in $35 million fraud, with recommended prison term of 10 years
Justin Costello, who posed as a billionaire and twice-wounded Special Forces Iraq vet to dupe investors while portraying himself as a legal cannabis mogul, pleaded guilty to securities fraud. Prosecutors in federal court in Seattle agreed to recommend a sentence of 10...
CBD Stocks Creating Opportunities – Established (BCCI), (STG), (WEED), (ACRGF), (RLTR), (CBMJ), and Newcomer (VAPR) Lead the Charge
You would have to be living in isolation to have not picked up on the hottest marijuana derivative consumable and therapeutic center isolate CBD. CBD “Cannabidiol” is the non-psychoactive full spectrum derivative of the hemp and marijuana plant largely credited for the majority of the medical beneficial attributes associated with marijuana.
Marijuana Reform On Fast Track In These States As Sen. Schumer Stresses The Need For A Bipartisan Effort
A measure that advanced through Delaware House and seeks to put into effect a law under which banks doing business with licensed marijuana businesses would be protected got the green light at the …
Cannabis stocks outperform as pressure mounts on DEA to reschedule marijuana
Cannabis stocks have outperformed the market as the DEA faces pressure to reschedule marijuana. Read more here.
Pilot can’t fly marijuana to retail stores in Alaska even if sales are legal, federal judges rule
A federal appeals court has upheld the revocation of a man’s pilot certificate after he delivered marijuana by plane to retail stores in Alaska through his business Flying High Investments.
Cannabis Brands On The Rise: Where To Find Them And How Large Is Their Footprint?
Certain cannabis brands are making significant strides in terms of growth and popularity. But, what are these brands experiencing strong growth? and, where can these be found? Utilizing tools like …
Last chance to join the biggest N.J. cannabis business networking event of the winter tomorrow. Here’s how
It hasn’t snowed yet in New Jersey, but there’s been a flurry of activity in the cannabis space in 2023, adding momentum to the nearly $200 million of legal weed sold in the state last year. Last week, the state approved 56 more cannabis businesses to move forward in...
Majority Of American Voters—Including Most Republicans—Back Federal Marijuana Legalization And Social Equity, New Survey Finds
A strong majority of American voters—including most Republicans, Democrats and independents—support legalizing marijuana and the federal level, according to a new poll. And majorities also back policies meant to promote equity in the industry. The survey from Data for...
Legal Marijuana Sales Have Begun in New York; What to Know About the Launch of the New Industry
NYS Office of Cannabis Management ED Chris Alexander, right (photo: @nys_cannabis) Nearly two years after passage of the Marihuana Legalization and Taxation Act (MRTA), which legalized the once heavily-criminalized drug, the first legal retail sale of marijuana in New...
Missouri marijuana companies can now deduct business expenses on state income taxes
Marijuana companies will be able to deduct business expenses on their state taxes for the first time this year, a Missouri Department of Revenue spokeswoman confirmed to The Independent. Missourians voted to legalize medical marijuana in 2018. But under federal law,...
People to know in NY cannabis: Peter Su
Peter Su is a senior vice president at Green Check Verified and treasurer of the Asian Cannabis Roundtable. He answered eight simple questions for NY Cannabis Insider’s ‘People to know’ series. What is your position and what do you/your company do in the cannabis...
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